Exploration company Glencar has reported narrower pre-tax losses of just under $300,000 for the first six months of this year. This follows a loss of just under $800,000 in the same period last year.
The company says it has cash balances of $4.7m, enough to carry out all of its planned exploration activities in Mali.
Glencar plans more drilling for gold in the African country, including at the Komana West deposit, where a resource study is currently being carried out.
